innovation

Restarting an economy is much more difficult and complicated than shutting one down. So far, countries that have used a bottom-up approach, where businesses are allowed to decide for themselves how to meet health requirements, are faring better than those trying to micromanage the reopening from the top down. The ...

Now that the global economy is in deep recession, investors are looking for crisis-proof stores of value. Cryptocurrencies are a new class of assets that could fulfill this need. Several European countries have already created or at least started to consider the legal frameworks necessary to institutionalize this innovation. One ...

It has become common to blame capitalism for climate change and wealth inequality. However, the premises underlying the debate around the issue are profoundly misguided – the current system is far from aligned with free-market prescriptions. But despite their skewed view of reality, advocates of government intervention are likely to ...

Blockchain has the potential to revolutionize public administration by fostering efficiency, transparency and automation. There are limits to the technology, but currently the main roadblocks are of a legal and organizational nature. Some governments have already started removing such hurdles or teamed up with technology providers to build innovative solutions.